CACI International (NYSE:CACI) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

CACI International, Inc. (NYSE:CACI) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $548.27 and traded as high as $637.93. CACI International shares last traded at $626.6360, with a volume of 491,479 shares.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of CACI International in a research report on Friday, August 14th. UBS Group boosted their target price on shares of CACI International from $598.00 to $804.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. TD Cowen decreased their target price on shares of CACI International from $625.00 to $550.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Jefferies Financial Group reaffirmed a “hold” rating on shares of CACI International in a report on Thursday. Finally, BNP Paribas Exane assumed coverage on shares of CACI International in a research note on Wednesday, May 27th. They set a “neutral” rating and a $550.00 price target on the stock. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, CACI International presently has an average rating of “Moderate Buy” and a consensus price target of $697.55.

CACI International Stock Down 1.3%

The firm has a fifty day simple moving average of $582.00 and a 200-day simple moving average of $548.27. The company has a market capitalization of $13.85 billion, a PE ratio of 25.95, a P/E/G ratio of 1.77 and a beta of 0.57. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.48 and a current ratio of 1.48.

CACI International (NYSE:CACI) last released its earnings results on Wednesday, August 5th. The information technology services provider reported $8.91 EPS for the quarter, beating the consensus estimate of $7.39 by $1.52. The company had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.70 billion. CACI International had a return on equity of 15.65% and a net margin of 5.60%.The business’s revenue was up 17.6% on a year-over-year basis. During the same period in the prior year, the business posted $8.40 EPS. CACI International has set its FY 2027 guidance at 32.960-33.860 EPS. Equities research analysts anticipate that CACI International, Inc. will post 33.5 EPS for the current fiscal year.

Institutional Investors Weigh In On CACI International

A number of institutional investors have recently modified their holdings of CACI. EverSource Wealth Advisors LLC increased its holdings in CACI International by 9.7% in the first quarter. EverSource Wealth Advisors LLC now owns 395 shares of the information technology services provider’s stock valued at $215,000 after buying an additional 35 shares during the last quarter. Fifth Third Wealth Advisors LLC grew its position in shares of CACI International by 7.4% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 624 shares of the information technology services provider’s stock worth $339,000 after acquiring an additional 43 shares in the last quarter. Bogart Wealth LLC increased its holdings in shares of CACI International by 2,350.0% in the 1st quarter. Bogart Wealth LLC now owns 49 shares of the information technology services provider’s stock valued at $27,000 after acquiring an additional 47 shares during the last quarter. Studio Investment Management LLC raised its position in shares of CACI International by 1.4% during the 4th quarter. Studio Investment Management LLC now owns 3,768 shares of the information technology services provider’s stock valued at $2,008,000 after acquiring an additional 51 shares in the last quarter. Finally, Steph & Co. raised its position in shares of CACI International by 61.2% during the 1st quarter. Steph & Co. now owns 158 shares of the information technology services provider’s stock valued at $86,000 after acquiring an additional 60 shares in the last quarter. Institutional investors and hedge funds own 86.43% of the company’s stock.

CACI International Company Profile

CACI International Inc (NYSE: CACI) is a government services and information technology company that provides mission-focused solutions to U.S. defense, intelligence, and federal civilian agencies, as well as selected allied and partner governments. The company supports customers across the national security and government technology sectors.

Its capabilities include enterprise and mission information technology, artificial intelligence and data analytics, cybersecurity, intelligence analysis, electronic warfare, signals intelligence, surveillance and reconnaissance, communications, engineering, and other specialized technical services.